India's Industrial Production Dips 0.60% In December 2013 13-Feb-2014

The General Index for the month of December 2013 stands at 178.3, which is 0.6% lower as compared to the level in the month of December 2012. The cumulative growth for the period April-December 2013-14 over the corresponding period of the previous year stands at – 0.1%. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of December 2013 stand at 133.0, 188.0 and 169.4 respectively, with the corresponding growth rates of 0.4%, (-) 1.6% and 7.5% as compared to December 2012. The cumulative growth in the three sectors during April-December 2013-14 over the corresponding period of 2012-13 has been (-) 1.8%, (-) 0.6% and 5.6% respectively.

As per Use-based classification, the growth rates in December 2013 over December 2012 are 2.4% in Basic goods, (-) 3.0% in Capital goods and 4.5% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of (-) 16.2% and 1.6% respectively, with the overall growth in Consumer goods being (-) 5.3%.